Thread regarding IBM layoffs

IBM CEO makes play for AI market and more US investment

https://www.reuters.com/business/ibm-ceo-makes-play-ai-market-more-us-investment-2025-05-06/

By: Reporting by Jeffrey Dastin in San Francisco; Editing by Cynthia Osterman
May 5, 202511:03 PM CDT

IBM to help customers integrate myriad AI agents
IBM has $6-billion and rising generative AI book of business, CEO says
Krishna says Trump administration policies spur growth

May 6 (Reuters) - IBM (IBM.N) on Tuesday made a play for more sales in the crowded artificial intelligence field, touting tools that could help customers manage a fleet of AI agents for their key business applications.

In an interview, Chief Executive Arvind Krishna said he saw an opening to provide software that integrates customers' AI agents from other providers -- among them Salesforce (CRM.N), Workday (WDAY.O), and Adobe (ADBE.O), -- and lets them build their own agents for untapped use cases, with IBM's help.

"We help our clients integrate. We want to meet them where they are," he said, ahead of IBM's annual Think conference sessions on Tuesday.
IBM's tools to help customers create their own agents, a process it said would take under five minutes, draw on the IBM Granite family of AI models, as well as alternatives from Meta Platforms (META.O), and Mistral, Krishna said.

Krishna said that customer interest in using different AI models for different tasks would build demand for IBM, which last month reported that it has built a $6 billion "book of business" on ChatGPT-like generative AI. A small cloud provider relative to Amazon Web Services (AMZN.O), and Microsoft (MSFT.O), IBM has tailored its tech to clients wanting multiple clouds or their own infrastructure to manage their data.

"All of these capabilities will only accelerate that rate of growth on those numbers," he said of IBM's new tools.

IBM also announced in April that over the next five years, it would invest $150 billion in the United States, where it has manufactured mainframe computers for more than 60 years. It will make quantum computers in the United States as well, Krishna said.

"Between mainframe, artificial intelligence and quantum computing, we think there's going to be a very healthy market that behooves us to invest and lean in," he said.

Krishna added that the technology focus and reduction in regulations from President Donald Trump's administration would set the economy up for growth.

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| 1021 views | | 4 replies (last May 7, 2025) | Reply
Post ID: @OP+1jtmf2wwe

4 replies (most recent on top)

He'll offshore it all. Total scam the 'investment' in America.

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Post ID: @dm+1jtmf2wwe

No company in history has depended entirely on cost reduction to become a viable, thriving, profit-making company. You can only cut so much before you cause irreparable damage. Cost cutting is meant to be a very short-term corrective action like a tourniquet; it is not viable beyond that. A tourniquet can save your life, but you almost always lose the limb.

To the troll who keeps trying to defend Arvind and who deleted his inane posts from yesterday after the crowd turned on him: Arvind deserves no respect. He's not an innovator. He's a butcher. He's not a patriot; he's pan Indian and a racist. He's increasing the stock value but at the cost of destroying our fundamentals. When he retires on top of that big pile of gold, he's going to leave a complete garbage pile to his successor. Just another WITCH company with a legacy name.

The singular focus on acquisitions as a way to grow has not worked out well for IBM over the past 30+ years. Arvind's only legitimate claim to fame is Red Hat. In the long run, we end up abandoning our acquisitions at a loss – – from lotus to soft layer.

The problem with IBM for years has been lack of a vision. Buying other companies that have a vision is not in itself a vision. It is more short-term thinking; let tomorrow worry about tomorrow. Meanwhile the US workforce has been made into sausage.

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Post ID: @by+1jtmf2wwe

Did Alvind have to grit his teeth and bend over on the Armonk lawn for saying that "the technology focus and reduction in regulations from President Donald Trump's administration would set the economy up for growth" ?? That is hilarious coming from a hypocrite like Alvind. He'll say and do anything for his $100 million bonus in 2026.

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Post ID: @b7+1jtmf2wwe

"US investment" means money goes cheap foreign labours of the US companies, not for the US workers right?

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Post ID: @a9+1jtmf2wwe

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